Elon Musk smokes weed on the Joe Rogan Experience

Elon Musk smokes weed on the Joe Rogan Experience

The latest guest on the popular Joe Rogan Experience podcast, Musk talked to the former Fear Factor host-turned-libertarian media star for three hours, touching on subjects from stockholder expectations to electric jets. "It's very hard to keep a auto company alive", Musk said.

Tesla Inc. (TSLA) shares dropped down to their lowest point in almost six months today amid a lawsuit made by a short-seller who is suing the auto company over claims that they lied to investors about taking TSLA private.

Now, as the smoke clears, Musk's electric auto company finds itself facing dire straits.

"I'm not a regular smoker of weed", the Tesla CEO said late Thursday on the podcast, which was shown live on the internet. Musk also gave broad details about how the plane would be powered.

Some observers have said Tesla could be helped with a strong number-two executive, but Friday's departures create additional gaps in Tesla's ranks. Tesla's stock is down more than six percent to $262, the lowest level since April.

Shares of Tesla shares have declined more than $100 after the go-private dalliance.

After Musk announced August 7 that he meant to take Tesla private at $420 a share, there was speculation that the billionaire was referring to marijuana when he tweeted because "420" is a coded reference for marijuana.

On Friday, the head of Tesla's Human Resources department, Gabrielle Toledano, announced she would not return from a leave scheduled in June.

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In August, Musk told The New York Times he was exhausted from too much work and difficulty sleeping in an interview that sharpened questions about his mental stability.

Musk admitted on "The Joe Rogan Experience" that running a company like Tesla is intense and tricky, saying, "It's very hard to keep a vehicle company alive".

Meanwhile, shareholder activist and short-seller Andrew E. Left sued Tesla and Musk on Thursday, alleging that Musk "artificially manipulated the price of Tesla securities with objectively false tweets in order to "burn" the Company's short-sellers".

He said: I think the future in where we are a space-faring civilisation out there among the stars, that is very exciting.

Morton clarified that he believes strongly in Tesla, its mission, and its future prospects, adding that he has no disagreements with Tesla's leadership or its financial reporting.

"Many people ask if Elon is still the best CEO for Tesla". The U.S. Securities and Exchange Commission is now investigating that assertion, and Musk quickly backtracked on the plan.

Moody's Investor Service downgraded Tesla's debt into junk territory in March, warning that the Palo Alto firm will not have cash to cover $3.7 billion (€3.2bn) for normal operations, capital expenses and debt that comes due early next year.

The lawsuit cites Musk's tweet on August 7 about taking Tesla private.

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